Still in the down trend channel.
Overbought in the RSI
hidden bearish divergence (even on the Weekly chart)
HH,LH,LH ??
Also almost on that important Fib 61.8° (meaning a big bear market rally)
IF that trendline is broken with a open and close candle above. AND it will become a support ONLY then you can be bullish .
For me really hard to believe in this crazy times.
I think next week will be the last week of that big pull back.
Overbought in the RSI
hidden bearish divergence (even on the Weekly chart)
HH,LH,LH ??
Also almost on that important Fib 61.8° (meaning a big bear market rally)
IF that trendline is broken with a open and close candle above. AND it will become a support ONLY then you can be bullish .
For me really hard to believe in this crazy times.
I think next week will be the last week of that big pull back.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.